Two years ago, you purchased 100 shares of a cola company. Your purchase price was $64 a share, plus a commission of $6 per share, for a total cost of $70 per share. After one year, the stock's market value had risen to $72.

At the end of two years, you sold your cola company stocks for $76 a share, less a per-share commission of $4.

During the two years you held the stock, you received dividends of $0.66 per share for the first year and $0.72 per share for the second year.

a.Calculate your annual shareholder return for each of the two years you owned the stock.

b.Calculate your annual average compound return